Are you a non-EU national who is looking to set up a business in the Netherlands? Congratulations! In 2015, the Dutch government passed a startup visa regulation to make it easier for non-EU nationals to start their own businesses in the Netherlands. In order to be eligible for the Dutch startup visa, one of the requirements is that you must have an innovative business idea.
But, what does "innovative" mean? The word may sound overwhelming, but not to worry - in this article, we will lay out the things you should consider when brainstorming, developing and selecting business ideas for you and the Dutch sector.
The Netherlands' innovative top sectors are among the world's best. In order to be eligible for the startup visa, your idea has to be related to one of the following top Dutch sectors:
Make sure to keep these sectors in mind when developing your topics!
The product or service is innovative if it has at least one of the following three aspects:
Examples of innovative product or service include the following:
As you can see from the list above, the scope is big and there is a lot of room for you to discover and create innovation!
Think about the work you have done in the past. When are you most motivated? List some of your top motivating factors and some of your biggest boredom factors. Try to understand what drives you.
Now, think about the different groups of people you identify with or feel drawn to. Who are they? What do they need in their lives that you might be able to provide? Note down those groups of people. Try to understand them.
Now, let's go through your expertise and skills. List everything you are good at or everything you could become good at (that could be a business). Remember: it is also fine to choose a topic that you are not yet already an expert in. You will learn more about it along the way.
Business boosters are simply "unfair competitive advantages" that might make your life while building your business much easier.
List 1-3 topics that fit within each of the categories below, plus feel free to make notes about any other potential business booster ideas you might have.
Do not get overwhelmed by the word "innovation" as one of the Dutch startup visa requirements. Pause and think: what is your biggest source of satisfaction? What is your biggest source of frustration? What problem do you think the world needs to solve in 20 years time?